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When and why did eastern European economies begin to fail? Lessons from a Czechoslovak/UK productivity comparison, 1921–1991
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Broadberry, S. N. and Klein, Alexander (2011) When and why did eastern European economies begin to fail? Lessons from a Czechoslovak/UK productivity comparison, 1921–1991. Explorations in Economic History, Vol.48 (No.1). pp. 37-52. doi:10.1016/j.eeh.2010.09.001 ISSN 0014-4983.
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Official URL: http://dx.doi.org/10.1016/j.eeh.2010.09.001
Abstract
Czechoslovak industrial labour productivity fluctuated around two-thirds of the UK level under the private sector regime between the wars. Under the central planning regime of the postwar period. Czechoslovakia's comparative productivity position initially improved to around three-quarters of the UK level by the early-1960s, before falling back. During the 1980s, the deterioration of Czechoslovakia's productivity performance accelerated sharply, falling to around one-third of the UK level. Central planning was able to achieve a satisfactory productivity performance during the era of mass production, but could not adapt to the requirements of flexible production technology during the 19805. (C) 2010 Elsevier Inc. All rights reserved.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HB Economic Theory | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Journal or Publication Title: | Explorations in Economic History | ||||
Publisher: | Elsevier | ||||
ISSN: | 0014-4983 | ||||
Official Date: | January 2011 | ||||
Dates: |
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Volume: | Vol.48 | ||||
Number: | No.1 | ||||
Page Range: | pp. 37-52 | ||||
DOI: | 10.1016/j.eeh.2010.09.001 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Restricted or Subscription Access |
Data sourced from Thomson Reuters' Web of Knowledge
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